sodo/beacon hill SINGLE-FAMILY HOME - DECEMBER 2 0 2 4
MONTHS OF INVENTORY 2.4 SELLERS' MARKET
▶ MARKET SUMMARY
AVERAGE PRICE
MEDIAN PRICE
TOTAL INVENTORY
SALES
▲ 24% VS 2023
▲ 38% VS 2023
▼ 11% VS 2023
▼ 1.3% VS 2023
There were 26 single-family home listings in SODO/Beacon Hill in December, 21% below November and 24% higher than December 2023. December single-family home sales decreased by 31% month-over-month, to 11, and were 38% above December 2023. The months of inventory for single-family home in SODO/Beacon Hill, at 2.4, re(ected a sellers' market. The single-family home median price in December was $694,995, a 15% decrease from November and 1.3% below December 2023. The average sold price was $655,163, 21% below last month and down 11% to December 2023.
THIS MONTH No.
PREVIOUS MONTH No.
PREVIOUS YEAR
No.
% Change
% Change
TOTAL INVENTORY TOTAL SALES MONTHS OF INVENTORY MEDIAN SOLD PRICE AVERAGE SOLD PRICE
11 26
$732,688 $704,500 2.6 8 21
38% 24%
16 33
-21% -15% 15% -31% -21%
$655,163 $694,995 2.4
$827,094 $817,500 2.1
-11% -1.3% -10%
▶ MEDIAN DAYS ON MARKET
▶ RECENT TRENDS
● SALES ● TOTAL INVENTORY ● MEDIAN PRICE
51
70
45
44
61
42
36
54
27
33
26
23
29
22
26
19
21
16
22
21
17
16
9
15
11
13
12
8
9
$891K
$850K
$825K
$818K
$794K
$780K
$762K
$725K
$705K
$693K
$695K
$663K
$625K
▶ TOTAL LISTINGS & SALES BY PRICE RANGE
SELLERS' MARKET < 4
BALANCED 4 - 6
BUYERS' MARKET 6+
● SALES ● TOTAL INVENTORY ● MONTHS OF INVENTORY
1.5
15
10
5
0
<$1M
$1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2.0M-2.49M $2.5M-2.99M $3.0M-3.99M $4.0M-4.99M $5.0M-5.99M
$6.0M+
MOI INVENTORY SALES
11 17 1.5
0 5 n/a
0 4 n/a
Information and statistics derived from Northwest Multiple Listing Service. Copyright © 2025 rennie group of companies. All rights reserved. This material may not be reproduced or distributed, in whole or in part, without the prior written permission of the rennie group of companies. Current as of January 13, 2025. While the information and data contained herein has been obtained from sources deemed reliable, accuracy cannot be guaranteed. rennie group of companies does not assume responsibility or liability for any inaccuracies. The recipient of the information should take steps as the recipient may deem necessary to verify the information prior to placing any reliance upon the information. The information contained within this report should not be used as an opinion of value, such opinions should and can be obtained from a rennie and associates advisor. All information is subject to change and any property may be withdrawn from the market at any time without notice or obligation to the recipient from rennie group of companies. E.&O.E. 46 ●
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